By Trond Overland
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Extra resources for A Look at Progress, Utilization and Theory
This particular trait of theirs is the same in good times as well as bad. They avoid investing capital wherever returns seem a long way off. If profits seem very distant they prefer not to invest at all, which is 38 A Look at Progress, Utilization and Theory exactly the problem financial markets face today: A very serious case of “investors’ block”. Today the world is on the verge of social, ecological, political, moral and cultural bankruptcy. Consequently, many pessimistic capitalists are wary of investing.
Besides the fact that the millions of tons of ink and paper involved contradicts all commercial high talk about ecology and environmental concern, we may ask the simplest of questions: Why is so much money being squandered on marketing when so many people live in substandard conditions? 32 A Look at Progress, Utilization and Theory Are those who are in the best position to do something about it, the multinational corporations, at all contributing to continued all-round growth in the areas in which they are involved in?
Its Latin American brand of flour, Incaparina, can be used as an ingredient in drinks (similar to low-calorie diet products that are sold in large volume in rich countries). With the help of an intergovernmental agency looking after malnutrition in the area, Incaparina has been marketed successfully in Latin America. Quaker Oats sells other locally produced food substitutes as well: In Mexico the instant-thin porridge Atolvena, in Colombia the powdered formula of oat flour, sugar and various other ingredients Frescavena, and other similar products in neighbouring countries.
A Look at Progress, Utilization and Theory by Trond Overland